727 Old Sayers RD, Elgin TX 78621

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $346,288. To generate strong buyer interest while maximizing value, I'd price this between $275,000 and $285,000. Among the similar homes currently available in STOVAL, GEO, this price point stands out as competitive. The 2005 construction puts this home 10 years newer than the comp average, a factor in the pricing. At 5.00 acres, the lot is larger than the 2.92 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in STOVAL, GEO, listed between $298,000 and $380,000. The trend in 78621 shows prices have fallen 10.2% in the past 6 months. 151 Ella LN, Elgin TX 78621 nearby adjusts to $334,570; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group